United Kingdom: Market for Roots and Tubers, nes 2022

Market Size for Roots and Tubers, nes in the UK

For the third year in a row, the UK roots and tubers, nes market recorded growth in sales value, which increased by X% to $X in 2020. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, the market hit record highs in 2020 and is likely to see gradual growth in the immediate term.

Exports of Roots and Tubers, nes

Exports from the UK

In 2020, the amount of roots and tubers, nes exported from the UK contracted to X tons, with a decrease of -X% on 2019 figures. Over the period under review, exports saw a abrupt slump. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. As a result, exports attained the peak of X tons. from 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, roots and tubers, nes exports dropped slightly to $X in 2020. In general, exports saw a abrupt contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. As a result, exports reached the peak of $X. from 2012 to 2020, the growth exports failed to regain the momentum.

Exports by Country

Ireland (X tons) was the main destination for roots and tubers, nes exports from the UK, accounting for a X% share of total exports. Moreover, roots and tubers, nes exports to Ireland exceeded the volume sent to the second major destination, Nigeria (X tons), threefold. The third position in this ranking was occupied by Sweden (X tons), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Ireland totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Nigeria (X% per year) and Sweden (+X% per year).

In value terms, the largest markets for roots and tubers, nes exported from the UK were Ireland ($X), Germany ($X) and Sweden ($X), together accounting for X% of total exports.

In terms of the main countries of destination, Germany (+X% per year) recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average roots and tubers, nes export price stood at $X per ton in 2020, with an increase of X% against the previous year. Over the last thirteen-year period, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 when the average export price increased by X% against the previous year. Over the period under review, average export prices attained the maximum in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Germany ($X per ton), while the average price for exports to Nigeria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Roots and Tubers, nes

Imports into the UK

Roots and tubers, nes imports into the UK skyrocketed to X tons in 2020, rising by X% compared with the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, roots and tubers, nes imports dropped slightly to $X in 2020. The total import value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2009 when imports increased by X% y-o-y. Over the period under review, imports reached the peak figure at $X in 2011; however, from 2012 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Ghana (X tons) constituted the largest supplier of roots and tubers, nes to the UK, with a X% share of total imports. Moreover, roots and tubers, nes imports from Ghana exceeded the figures recorded by the second-largest supplier, Bulgaria (X tons), sevenfold. India (X tons) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Ghana stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Bulgaria (+X% per year) and India (+X% per year).

In value terms, Ghana ($X) constituted the largest supplier of roots and tubers, nes to the UK, comprising X% of total imports. The second position in the ranking was occupied by India ($X), with a X% share of total imports. It was followed by Jamaica, with a X% share.

From 2007 to 2020, the average annual growth rate of value from Ghana totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+X% per year) and Jamaica (+X% per year).

Import Prices by Country

The average roots and tubers, nes import price stood at $X per ton in 2020, declining by -X% against the previous year. In general, the import price saw a slight shrinkage. The growth pace was the most rapid in 2009 when the average import price increased by X% y-o-y. Over the period under review, average import prices reached the peak figure at $X per ton in 2011; however, from 2012 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was France ($X per ton), while the price for Bulgaria ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by France, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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